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Published on 9/15/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Diversey, Rent-A-Center, Thrasio, Zurn Water break; Caesars Resort, Autokiniton tweak deals

By Sara Rosenberg

New York, Sept. 15 – Diversey Holdings Ltd. (Diamond (BC) BV) firmed pricing on its term loan B at the high end of talk, and Rent-A-Center Inc. set the spread term loan B at the low end of guidance and tightened the issue price, and then both of these deals freed to trade on Wednesday.

Also, Thrasio LLC upsized its add-on term loan B before breaking for trading, and Zurn Water Solutions’ term loan B made its way into the secondary market as well.

In more happenings, Caesars Resort Collection LLC lowered the spread on its first-lien term loan, Autokiniton US Holdings Inc. increased the size of its add-on term loan B, and Global Medical Response accelerated the commitment deadline for its add-on term loan B.

Additionally, BMC Software, Xplornet Communications Inc., Consilio (GI Consilio Parent LLC), American Bath Group (CP Atlas Buyer Inc.) and Virtusa Corp. released price talk on their loan transactions with launch. Furthermore, SonicWall Inc., NorthStar Group Services Inc. and Medline Industries joined the near-term primary calendar.


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